Wednesday, June 29, 2011

Saanich board convinces gov't to release hold-back funds

A quick update on the Saanich School board, which was refusing to submit a balanced budget by June 30th, due to their belief that funding was not adequate to meet student needs.

The government announced this week that they would release "hold back" funds and the amount for Saanich almost matched the deficit presented in the budget.

As a result, the Saanich board is now submitting a balanced budget.

The Times Colonist reported:

“This is a win,” said trustee Elsie McMurphy. “The fact that the number we received at the eleventh hour was so close to what we need to balance the budget was not a coincidence. The government, by doing that, has acknowledged the worth and merit of our case.”


Read more: http://www.timescolonist.com/news/School+board+changes+course+over+budget+after+extra+funds+released/5021932/story.html#ixzz1QhbVeqI3

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